Company Number: 14378656

Analysis Date: 2025-07-29 20:17 UTC

1. Risk Rating: HIGH
   The company’s financial data indicates extremely limited asset and equity base (£100) with no reported liabilities or revenue figures, which is a significant red flag. The nominal financial scale suggests minimal capital and operational activity, raising concerns about solvency and liquidity.

2. Key Concerns:

• Minimal Financial Size: The balance sheet shows only £100 in current assets and shareholders’ funds, indicating an absence of meaningful capital or operational scale.
• Lack of Profit and Loss Data: The company has opted not to file a profit and loss account, preventing assessment of profitability or cash flow, which restricts evaluation of operational stability.
• Newly Incorporated with Limited History: Incorporated in late 2022 and only two years of accounts filed with no growth or detailed financial data, increasing uncertainty about business sustainability and performance.

3. Positive Indicators:

• Compliance with Filing Obligations: The company has no overdue accounts or confirmation statements, suggesting good regulatory compliance and governance practices so far.
• Experienced Management Team: Four directors all registered at the same address with rights to appoint and remove directors may indicate strong internal control and clear governance structure.
• Industry Classification: Engaged in civil engineering projects, a sector with potential for stable demand, though this cannot be validated with current financials.

4. Due Diligence Notes:

• Obtain more detailed financial statements including profit and loss accounts and cash flow statements to assess revenue generation and liquidity.
• Investigate the nature of the £100 debtor balance to understand if it represents genuine receivables or nominal entries.
• Review business plans, contracts, and operational data to evaluate future revenue prospects and sustainability.
• Confirm absence of contingent liabilities or off-balance sheet obligations.
• Assess background and experience of directors for operational expertise and financial stewardship.